Category Archives: Economics

The James Holmes case

A fascinating, in-depth analysis of the Aurora, Colorado “Batman” shooting case. There is much mischief afoot in our fair world. Be sure to watch the part about his family background and his father’s career.

The James Holmes ConspiracyThe James Holmes Conspiracy is for those who do not believe the story being told by the government and media.

James Eagan Holmes is the suspected perpetrator of a mass shooting that occurred on July 20, 2012, at a movie theater in Aurora, Colorado. He had no known criminal record prior to the shooting.

Several witness testimonies, news reports, theories and ideas behind the motives of the crime.

ALSO SEE: Norway Massacre: The Killer’s Mind and Massacre at Virginia Tech.

Topics discussed include the second suspect, weapons, police audio analysis, James Holmes education and bio, LIBOR scandal, MK Ultra, Project Gunrunner, and several other important elements. Several new pieces of evidence and testimonies all in one video.

Video of Troops Training for Martial Law in Fort Lauderdale

The clip shows armed troops arresting role players on the street before a column of prisoners are marched towards a mock internment facility. Black Hawk helicopters are also seen whizzing between buildings.

The exercise was accompanied by very little media coverage. A Sun-Sentinel report said that Broward County police would be “assisting members of the U.S. Special Operations Forces who are undergoing urban warfare training.”

The drill, which was held in locations the military refused to disclose beforehand, began on March 17 and ended on Friday. 200 military personnel from all four branches, Air Force, Army, Marines and Navy, took part in the exercise.

“The goal is to prepare participants in realistic, unfamiliar training conditions before they deploy for combat overseas,” states the report. Residents were advised ”not to be alarmed by the Black Hawk helicopters in the sky.”

Broward County also saw similar drills back in March 2014, when Navy SEALS practicing storming a university building from a helicopter.

Concerns continue to circulate that such drills are designed for dual purpose and are part of a plan to acclimate Americans to accept martial law in a time of national emergency. As we have exhaustively documented, the fact that preparations are being made to use the military during domestic unrest is manifestly provable.

Jade Helm, an upcoming military drill that will involve nine states, caused controversy after Texas and Utah were labeled “hostile” territory in documents related to the exercise.

As we reported earlier this week, the exercise will involve soldiers operating “undetected amongst civilian populations,” to see if they can infiltrate without being noticed.

http://www.prisonplanet.com/video-shows-troops-training-to-intern-citizens-in-fort-lauderdale.html

When these sheep-in-wolves-clothing are marching to their orders, will it occur to them how strangely convenient their training was, just in time for the collapse of the economy?

Real citizens aren’t afraid to think for themselves, whether in uniform or not.

Vital Video reprise: Autism: Made in the USA

This video is 5 years old and the rate of autism in the USA is now twice as high as it was then – 1 child in 50. The problem is more than a problem; it is a crime. The post will reveal how deep that rabbit hole goes. And there is much good information in the last half about how to restore the health of those stricken with autism. The body is resilient and can correct problems if it is given what it requires for optimal health. An interesting fact this movie points out is that autism was unknown before 1939, when three uses for mercury were “invented”.

The Federalization of Police and the Lucifer Effect

Who benefits from police militarization and steroid-fueled hyper-aggression? Who benefits from indoctrinating cops in tactics and an “us-vs-them” gang mentality that alienates them from their community?  It sure as hell isn’t the cops.  The deliberate creation of atrocity-inducing situations is a well-researched and well-worn means of orchestrating social control through division in prisons and on the battlefield.  Why is the federal government using such techniques not only in domestic police training but in attempting to manipulate the public reaction to it?  Is it paranoid to question whether they’re trying to create a dictatorship where everyone is too fearful to question orders, whether they’re cops or “civilians”?

The federalization of the police is not happening in a vacuum.  What we’re witnessing is the end game of the luciferians’ reaction to the 60’s rebellions, where for the first time domestic dissent became a serious impediment to conducting a bankster war.   The 60’s were followed by policy papers from elite think tanks, such as “The Crisis of Democracy” by Brzezinski’s Trilateral Commission, where the prescription for maintaining control was outlined in the planned destruction of the US middle class, and the first high level feelers into china implemented those recommendations by paving the way for the mass exodus of US jobs.

It’s appropriate that this is called the Lucifer Effect.  The irony is that much of the 60’s rebellion was a side effect of the CIA’s research and popularization of hallucinogens as a means of mind control.   (See the book “Acid Dreams”)

Anyway, the signs of the rising police state were already present by the mid-90s:  https://groups.google.com/forum/#!msg/misc.activism.progressive/hFt9uzBfyls/XEhTB1pXQjMJ

Welcome to LuciferEffect.org, official web site of The Lucifer Effect: Understanding How Good People Turn Evil (Random House, 2007). In this book, I summarize more than 30 years of research on factors that can create a “perfect storm” which leads good people to engage in evil actions. This transformation of human character is what I call the “Lucifer Effect,” named after God’s favorite angel, Lucifer, who fell from grace and ultimately became Satan.

Rather than providing a religious analysis, however, I offer a psychological account of how ordinary people sometimes turn evil and commit unspeakable acts. As part of this account, The Lucifer Effect tells, for the first time, the full story behind the Stanford Prison Experiment, a now-classic study I conducted in 1971. In that study, normal college students were randomly assigned to play the role of guard or inmate for two weeks in a simulated prison, yet the guards quickly became so brutal that the experiment had to be shut down after only six days.

How and why did this transformation take place, and what does it tell us about recent events such as the Abu Ghraib prisoner abuses in Iraq? Equally important, what does it say about the “nature of human nature,” and what does it suggest about effective ways to prevent such abuses in the future?

Please join me in a journey that the poet Milton might describe as making darkness visible. Although it is often hard to read about evil up close and personal, we must understand its causes in order to contain and transform it through wise decisions and innovative communal actions. Indeed, in my view, there is no more urgent task that faces us today.

 http://www.lucifereffect.com/

NSA Whistleblower William Binney Joins Richard Gage to Call for 9/11 Truth

William Binney was a 30 year veteran official of the National Security Agency who resigned in October 2001 to blow the whistle on the NSA’s deliberate violation of the constitution. Now, 13 years after the events of 9/11 that helped the NSA justify its total surveillance dragnet, Binney has signed the Architects and Engineers for 9/11 Truth’s petition calling for a new investigation into 9/11. Today we talk to Richard Gage, founder of AE911Truth.org, and William Binney himself, about this petition, its significance, and the ongoing quest for 9/11 truth and justice.

Show notes at http://www.corbettreport.com/interview-937-nsa-whistleblower-william-binney-joins-richard-gage-to-call-for-911-truth/

The Enemy Within Pushes World Out of Dollar System

Unless of course you think washington is run by idiots.  To be sure, there are idiots in washington, but they’re not running the show.  The financial speculators behind the scenes know exactly what they’re doing.

In this episode we speak with James Corbett of CorbettReport.com about how the West is creating and funding it’s own enemies abroad. We discussed in this program how Russia has been backed into a position where it must unite with its neighbors politically, with others in the BRICs nations economically, and China militarily in an effort to counteract NATO/US/EU encroachment into Russia’s sphere of influence. We also speak about how western intelligence agencies have created, funded, and propagandized on behalf of ISIS, again, creating another external threat. Finally we comment on the protests in Furgeson and how the media and police are exaserbating the problem. Join us as we discuss the major issues of the world today.

Show notes at http://www.corbettreport.com/interview-938-our-troubled-times-the-wests-engineered-downfall/

De-Dollarization Continues: China-Argentina Agree Currency Swap, Will Trade In Yuan

It appears there is another nation on planet Earth that is becoming isolated. One by one, Russia and China appear to be finding allies willing to ‘de-dollarize'; and the latest to join this trend is serial-defaulter Argentina. As Reuters reports, China and Argentina’s central banks have agreed a multi-billion dollar currency swap operation “to bolster Argentina’s foreign reserves” or “pay for Chinese imports with Yuan,” as Argentina’s USD reserves dwindle. In addition, Argentina claims China supports the nation’s plans in the defaulted bondholder dispute.

Having met ‘on the sidelines’ in Basel, Switzerland in July, Argentine and Chinese central banks agreed to a currency swap equivalent to $11b that Cabinet Chief Jorge Capitanich said could be used to stabilize reserves.. (as Reuters reports)…

http://www.zerohedge.com/news/2014-09-07/de-dollarization-continues-china-argentina-agree-currency-swap-will-trade-yuan

Fed Pulls Rug Out From Under Municipal Finances

In an inscrutable move that has alarmed state treasurers, the Federal Reserve, along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, just changed the liquidity requirements for the nation’s largest banks. Municipal bonds, long considered safe liquid investments, have been eliminated from the list of high-quality liquid collateral. assets (HQLA). That means banks that are the largest holders of munis are liable to start dumping them in favor of the Treasuries and corporate bonds that do satisfy the requirement.

Muni bonds fund the nation’s critical infrastructure, and they are subject to the whims of the market: as demand goes down, interest rates must be raised to attract buyers. State and local governments could find themselves in the position of cash-strapped Eurozone states, subject to crippling interest rates. The starkest example is Greece, where rates went as high as 30% when investors feared the government’s insolvency. Sky-high interest rates, in turn, are the fast track to insolvency. Greece wound up stripped of its assets, which were privatized at fire sale prices in a futile attempt to keep up with the bills.

The first major hit to US municipal bonds occurred with the downgrade of two major monoline insurers in January 2008. The fault was with the insurers, but the taxpayers footed the bill.  The downgrade signaled a simultaneous downgrade of bonds from over 100,000 municipalities and institutions, totaling more than $500 billion. The Fed’s latest rule change could be the final nail in the municipal bond coffin, another misguided move by regulators that not only does not hit its mark but results in serious collateral damage to local governments – maybe serious enough to finally propel them into bankruptcy.

Why this unprecedented move by US regulators? It is not because municipal bonds are too risky, since corporate bonds with lower credit ratings are accepted under the new rules. Nor is it that the stricter standard is required by the Basel Committee on Banking Supervision (BCBS), the BIS-based global regulator agreed to by the G20 leaders in 2009. The Basel III Accords set by the BCBS are actually more lenient than the US rules and do not include these HQLA requirements. So what’s going on?

From the Inscrutable, Unaccountable Fed

The rule change was detailed by Pam Martens and Russ Martens in a September 4th article titled “The Fed Just Imposed Financial Austerity on the States.”    They write that on September 3rd:

The Federal regulators adopted a new rule that requires the country’s largest banks – those with $250 billion or more in total assets – to hold an increased level of newly defined “high quality liquid assets” (HQLA) in order to meet a potential run on the bank during a credit crisis. In addition to U.S. Treasury securities and other instruments backed by the full faith and credit of the U.S. government (agency debt), the regulators have included some dubious instruments while shunning others with a higher safety profile.

Bizarrely, the Fed and its regulatory siblings included investment grade corporate bonds, the majority of which do not trade on an exchange, and more stunningly, stocks in the Russell 1000, as meeting the definition of high quality liquid assets, while excluding all municipal bonds – even general obligation municipal bonds from states with a far higher credit standing and safety profile than BBB-rated corporate bonds.

This, rightfully, has state treasurers in an uproar. The five largest Wall Street banks control the majority of deposits in the country. By disqualifying municipal bonds from the category of liquid assets, the biggest banks are likely to trim back their holdings in munis which could raise the cost or limit the ability for states, counties, cities and school districts to issue muni bonds to build schools, roads, bridges and other infrastructure needs. This is a particularly strange position for a Fed that is worried about subpar economic growth. …

That the Fed and its regulatory cohorts have to resort to this implausible plan – which crimps the ability of states and localities to raise essential funds to operate – in a strained effort to pretend that they’ve found a means of avoiding another massive bailout of Wall Street in a crisis, is just further proof that the only way to seriously deal with too-big-to-fail banks is to restore the Glass-Steagall Act and break up these complex creatures before they strike again.

The rule change may not have much effect in a crash, but where it will have a major effect is on the cost of credit, which will increase for municipal governments and decrease for corporate and financial institutions. The result will be to further shift power and financial resources from the public sector to the private sector.

Why would regulators dangerously jeopardize state and local government budgets in this way? Skeptical observers speculate that the intent is to Detroit-ize municipal governments, so that assets can be stripped as is being done in that imperiled city. The international bankers got away with asset-stripping Greece. Why not make the US itself a wholly-owned subsidiary of private banking interests?

If that seems far-fetched, consider what is happening with Argentina, which has been forced into bankruptcy by a US court to satisfy the exaggerated claims of certain hold-out vulture funds. IMF regulators have discussed establishing an international bankruptcy court that could strip a country such as Argentina of its assets, including prime sections of real estate, to pay off the nation’s creditors. …

http://ellenbrown.com/2014/09/08/preparing-to-asset-strip-local-government-the-feds-bizarre-new-rules/

Also see: http://thoughtcrimeradio.net/2014/03/reprise-bernanke-admits-fed-caused-great-depression/